On August 26, CGN POWER rose 6% in regular trading, trading at HKD 3.005/share with turnover of HKD 193 million. The stock reclaimed the HKD 3 level, hitting its highest since mid-June.

The move was catalyzed by the company's interim results disclosure. For the first half, CGN POWER reported revenue of RMB 31.483 billion, down 2.8% YoY, and net profit attributable to parent of RMB 6.105 billion, up 2.7% YoY. However, Q2 standalone performance accelerated significantly, with revenue of RMB 15.164 billion rising 11.79% YoY and attributable net profit of RMB 3.364 billion surging 15.06% YoY, both exceeding 10% growth.

The H1 revenue decline was primarily due to increased refueling outage durations for operating units, leading to a 3.32% YoY drop in grid-connected power output. The company also completed issuance of RMB 2 billion in five-year medium-term notes at a 1.7% coupon rate, and its Huizhou Unit 2 achieved commercial operation conditions on August 3, expanding total operating capacity to 35,450 MW across 31 units.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)